Tata may rejig investment in GMR Airports to meet regulatory norms2 min read . Updated: 17 Jan 2020, 03:23 PM IST
- In a filing to the BSE, the GMR Group on Thursday said it has decided to divest 49% in GMR Airports
- GMR Airports owns operates Delhi International Airport. It also runs the Hyderabad International Airport
A Tata Group-led consortium is likely to rejig its investment in GMR Airports Ltd, after GMR decided to dilute its stake in its airport arm by 49% in order to meet the regulatory requirement of 10% shareholding cap for Tata Group in Delhi International Airport Ltd (DIAL), said two people with direct knowledge of the matter, requesting anonymity.
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